Greenshoe bags $3m to transform SEC reporting with AI

Greenshoe bags $3m to transform SEC reporting with AI

Greenshoe, an AI-native RegTech firm specialising in automating US Securities and Exchange Commission (SEC) disclosures, has secured fresh backing.

The company has raised $3m in seed funding. The round was led by AIX Ventures, with additional support from Hearst Level Up Ventures, Blueprint FTC, Service Provider Capital, and several strategic angel investors.

Greenshoe builds technology that replaces slow, manual SEC reporting processes with an AI-driven system capable of drafting, validating, and reviewing disclosures in real time.

Its platform draws on regulatory precedent, market norms, and live company data to produce faster, more consistent documents that meet compliance standards.

The new capital will be used to scale engineering operations and support go-to-market activities as Greenshoe launches its commercial platform aimed at public company reporting teams.

The firm highlights that preparing a 10-Q can take around 180 hours and cost anywhere from $50,000 for smaller businesses to more than $1m for large-cap enterprises. Greenshoe aims to cut this burden dramatically with technology that automates research, drafting, benchmarking, and compliance review.

The platform includes a range of features designed for specialised disclosure workflows. These include real-time compliance checks, draft generation aligned with regulatory precedent, SEC comment analysis, and peer-based benchmarking. The company’s architecture incorporates agentic retrieval-augmented generation (RAG), structured reasoning models, and a continuous improvement loop fed by human feedback.

Greenshoe CEO and co-founder Payton McCoy said, “SEC filings are the foundation of market transparency, but the workflows powering them are stuck in a pre-AI world.

“As a lawyer, I spent hundreds of hours manually preparing SEC disclosures, including 10-Ks, 8-Ks, and IPO filings. That said, Greenshoe is about more than just saving time. It’s about improving disclosure quality and making this work easier to do. We’re laying the rails for a smarter, faster capital markets ecosystem.”

Greenshoe CTO and co-founder Dr Yi Zhang said, “We’re building the infrastructure layer for AI-native disclosure intelligence. Our deep-research agent fuses reasoning, evaluation, reflection, and human feedback into a continuous improvement loop. Every interaction sharpens the system, compounding domain expertise into an advantage that makes the platform more intelligent.”

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